Hong Kong Meme Coin $KONG Pumps 1,000%, Trends Above Pepe on DEXTools - Best Crypto to Buy Now?
Meme coins are currently gaining a lot of attention and breaking daily trading records with high volumes.
One making the rounds is the Hong Kong meme coin which has surged over 1,000% in the past week.
This new sensation has many investors placing it in the same fold as the $PEPE token.
Meanwhile, investors are optimistic about the potential of $WSM and $ECOTERRA tokens for significant upward trends.
In a largely taciturn market, meme coins have been the buoy on which the crypto space has relied.
So far, the parody coin sub-sector has produced some of the most blockbuster projects that have gone on to enjoy mainstream adoption.
The new wave of meme coin stars began with the $PEPE token, rising to worldwide prominence after it surged to $1.6 billion in market valuation.
While its meteoric rise has since tapered, $PEPE is still one of the most traded meme coins in the crypto space.
Now, a new meme coin called Hong Kong has the potential to become the next $PEPE.
At press time, its native token, $KONG, is trading at $0.0000025, indicating an uptrend of 29.58% in the past day.
The asset’s weekly performance has been the most impressive of the lot, with the meme token rising above 1,000% in the past week.
This has seen it trend above $PEPE, $SPONGE, and other top meme coins on DEXTools. The meme token has snapped up over $1.2 million in market cap.
Given that it is less than two weeks since its launch, this is a significant milestone for the ape-like token.
Hong Kong is a meme coin project created solely for entertainment purposes. However, with a 0% buy or sell tax and a robust liquidity pool, many people have jumped into the project.
Nonetheless, the crypto space is constantly churning out priming gems. Two of such are the $WSM
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